The Financial News

The Financial News

Indian-Origin Founder’s $3.45 Billion Healthtech Unicorn Innovaccer Lays Off Hundreds In AI Push


U.S.-based healthtech unicorn Innovaccer is reportedly laying off around 340 employees across India and the United States as it pivots toward an “AI-native” operating model. CEO Abhinav Shashank described the move as a “difficult day,” confirming that roles are being eliminated as part of a broader restructuring tied to artificial intelligence adoption. This marks the company’s third round of layoffs in four years, highlighting the accelerating shift across the tech industry toward automation and AI-driven efficiency. Innovaccer, valued at roughly $3.45 billion, builds healthcare data platforms and analytics tools for hospitals and providers. Watch to know more.

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